SatNav Technologies receives funding worth $7 million from Sequoia Capital | TopNews
Summary
Hyderabad-based digital map solutions company, SatNav Technologies, has received $7-million (approximately Rs 29 crore) in first round of venture capital funding from Sequoia Capital. The company intends to launch the product on other platforms like Symbian, Linux, Palm and Blackberry. SatNav was founded by Amit Prasad in 2000 under the Satyam Entrepreneur Incubation Programme. The SatGuide presently covers 30-odd cities maps in India. The company plans to increase its coverage to over 72 cities by the end of this year.
Funding
Amount
$7.0M
Total raised
Date
May 14, 2008
Announcement date
Investors
-
Lead investors
Company
http://www.satnavtechnologies.com
Funded company
Classifications
industries
No industries detected
applications
Engineering & Scientific
AskAI Classifications
Labels
No AI classifications detected
Linked Companies
SatNav Technologies
$1M to $5M
SatNav Technologies
$1M to $5M